Rates Benefit News Today : Breaking News, Live Updates & Top Stories | Vimarsana

February 12, 2021 - Written by Toni Johnson Despite today’s UK growth rate report beating forecasts, Britain’s economic data remained broadly concerning and the British Pound to South African Rand (GBP/ZAR) exchange rate remains under pressure as a result. The South African Rand looks like it could sustain much of the impressive gains it saw over the past week, as markets digest the latest State of the Nation Address from South Africa President Cyril Ramaphosa. After opening this week at the level of 20.38, GBP/ZAR briefly attempted to rise, but its bullish movement was short-lived despi...

December 22, 2020 - Written by John Cameron Despite reports of a new strain of the coronavirus in Britain, the British Pound to US Dollar (GBP/USD) exchange rate has been recovering from its worst levels on a combination of Brexit hopes and UK data today. However, the US Dollar’s own fortunes are reversing after weeks of poor performance, as markets start to look for safer investments due to this latest coronavirus panic. Since opening this week at the level of 1.3521, GBP/USD has been trending with a downside bias. Yesterday, GBP/USD touched on a low of 1.3193 - not too far from the pair...